FirstEnergy Corp. (FE)
FirstEnergy Max Pain By Strike
FE trades at $43.65, 3.9% above the near-term max pain of $42 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($35-$42), indicating stable market expectations. Key magnetic zone at 42 where 6 expirations converge.
FirstEnergy Max Pain By Expiry
Max pain for FE shows stable levels around 40.44, reflecting balanced market expectations. The 17% spread signals divergent expectations across timeframes. Most levels below 43.65 may cap rallies. Strong magnetic level at 42 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 42 | -1.65 (-3.78%) |
| Sep 19, 2025 | 42 | -1.65 (-3.78%) |
| Oct 17, 2025 | 42 | -1.65 (-3.78%) |
| Dec 19, 2025 | 42 | -1.65 (-3.78%) |
| Jan 16, 2026 | 40 | -3.65 (-8.36%) |
| Mar 20, 2026 | 42 | -1.65 (-3.78%) |
| Apr 17, 2026 | 35 | -8.65 (-19.82%) |
| Jun 18, 2026 | 37 | -6.65 (-15.23%) |
| Sep 18, 2026 | 42 | -1.65 (-3.78%) |